Adrian Murdoch is looking at Roman loan agreements ... with a minor correction ... and a followup ... [note in passing: the 'low' annual interest rate was pretty much 'standard'; the only time Roman law allowed higher interest rates was in situations usually referred to as 'bottomry loans' (i.e. loans to a ship captain who would pay back after his voyage) -- a high risk venture required a higher return (and interestingly, a number of women are involved in such loans in the Codex Justinianus)
This was mentioned on the Latin list yesterday ... the latest In Our Time is a nice little podcast on Greek Comedy ...
Posted by david meadows on Jul-14-06 at 9:10 AM Drop me a line to comment on this post! Comments (which might be edited) will be appended to the original post as soon as possible with appropriate attribution.